XPeng’s New Robotics Business Raises $900 Million at $6.3 Billion Valuation
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Xpeng secures over $900M for robotics business ahead of PH launch
Global artificial intelligence (AI) Mobility company XPENG has raised more than US$ 900 million for its robotics business… The post Xpeng secures over $900M for robotics business ahead of PH launch appeared first on Philstar Wheels.
XPENG Robotics Raises $900M+ at $6.3B Valuation Ahead of PH September Launch
The XPENG IRON RobotGlobal artificial intelligence (AI) Mobility company #XPENG has raised more than US$ 900 million for its robotics business in a funding round led by IDG Capital, with participation from Gaorong Ventures and support from Tencent and Alibaba as strategic investors. Valuing the business at more than US$ 6.3 billion, the transaction marks the largest single-round private capital raise to date in China’s embodied AI industry and …
XPeng’s new robotics business raises $900 million at $6.3 billion valuation
XPeng – previously known only for electric cars – has raised more than $900 million for its robotics business at a post-money valuation of more than $6.3 billion, as the Chinese electric vehicle maker prepares to begin mass production of its IRON humanoid robot. The company says the financing is the largest single-round private capital […]
After Catching Up to Tesla on ADAS, XPeng Aims to Win in Humanoid Robots
XPeng is positioning itself to win in humanoid robots, not long after matching Tesla’s capability in intelligent assisted driving. The electric-vehicle maker said its robot business closed its first funding round at more than $900 million — a record single-round private equity raise for China’s embodied-intelligence sector and among the largest globally. For scale, Figure AI’s first external round was only $70 million, and even its 2025 C round …
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